Gold breaks through 4000 USD to reach a historic high! Luxembourg's sovereign fund enters the market, and Bitcoin becomes the new darling for institutional hedging.Driven by multiple factors such as global market turbulence, rising industrial demand, and the continued weakness of the dollar, the precious metals market is witnessing a historic moment: Spot gold (XAU) has surged to $4,059 per ounce, breaking the key psychological barrier of $4,000 for the first time; at the same time, silver (XAG) has also reached a historic high, breaking $50. While precious metals are setting historical records, the institutional acceptance of digital gold Bitcoin has also made a breakthrough: the Luxembourg sovereign wealth fund announced that it will allocate 1% of its $730 million assets to Bitcoin ETF, becoming the first national fund in the Eurozone to make such an investment. This series of events marks an accelerated shift in global asset allocation towards tangible store of value tools, with unprecedented demand for hedging and anti-inflation narratives.
MarketWhisper·2025-10-10 03:23